Japan’s Kyoto University has received the world’s first ever stem cell patent due to its ground breaking research. The research work involves the formation of different organs or nerves using skin stem cells.

Naoko Takasu, the incharge of intellectual property issues for the university says, this is a great achievement as this patent will help the university to conduct medical research and treatment at low costs in the future. She also says that, we are happy on being the first university to receive this patent, and after this achievement university in western Japan would also seek patents in other major developed countries.

This finding is reported to be hailed by the Vatican and US President George W. Bush as it will circumvent an ethical row over conventional stem cell research using human embryos.

Source: http://afp.google.com/